ISRAEL: G. Willi-Food International Ltd. (the 'Company') (Nasdaq: WILCF) Press Release
On May 28, 2000, the Company signed a Letter of Intent (the "Letter of Intent") with Messrs. David Robner, formerly president of E.C.I Telecom Ltd, an expert in the field of Hi-Tech and technology companies in Israel, and Yehuda Eliraz, senior economist engaged in the field of financial consulting to Hi-Tech and Technology companies, individuals unaffiliated with the Company (the "Advisors"). Pursuant to said Letter of Intent, the Advisors will provide the Company with advisory services in respect to potential investment opportunities in the areas of communication, hi-tech and technology. Pursuant to the letter of intent, the Company undertook to grant Mr. Robner and Mr. Eliraz options to purchase 120,000 and 80,000 ordinary shares of the Company respectively, at an exercise price of USD 4.5 per share, exercisable in three annual installments during a three year period from the granting date. The Letter of Intent is subject to the signing of a detailed and complete agreement between the parties and its approval by the Company's board of directors.Following are certain financial details for the first quarter of the year 2000, which the Company announced recently:
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-food gives you the widest food market coverage.
Paid just-food members have unlimited access to all our exclusive content - including 17 years of archives.
I am so confident you will love complete access to our content that today I can offer you 30 days access for $1.
It’s our best ever membership offer – just for you.
Dean Best, editor of just-food
- Comment: Meal kits in US - don't believe the hype
- Why personalisation will take-off in US food
- US food next wave on display at Winter Fancy Food
- Interview: The Soulfull Project's mission
- General Mills sales woes continue - analysis
- Post Holdings 'close to acquiring Weetabix'
- Kraft Heinz cuts jobs in US, Canada
- UK, EU food faces "more costly" trade, warns study
- Recipe-kit firm HelloFresh launches into UK retail
- UK sets 20% sugar cut guidelines for food industry